$380,000
SOLD DEC 10, 2020

6250 Shadburn Ferry Rd Buford, GA 30518

2 Beds
1 Bath
717 Sq Ft
0.26 Acres

Recently Sold

$530 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Enclosed patio or porch
  • Flowery Branch High School Rated A-
  • Cottage
  • 1-Story Property

About This Home

As of November 2022

"Vacation Cottage" built in the 60s!! The value is in the lot but you could still hang out here when the weather is nice and enjoy your amaZING lake views and excellent location...five minutes to downtown Buford. Permitted dock and boat launch!! VERY easy, gentle, grassy walk to the lake. I have a recent survey showing NO side setbacks!! There is a ton of room in the front of the existing structure to build a bigger house with a narrow, deep floor plan with two levels. Shoal Creek Park is one minute down the street. There is NO heat and/or AC. Electricity is not currently on so showings should be during daylight hours if entry to the cottage is necessary. Property being sold "as is" with no disclosures.

Last Agent to Sell the Property

Lori Cable

Chateau Elan Realty License #166308 Listed on: 11/15/2020

Co-Listed By

Suzanne Davidson

Chateau Elan Realty License #356887

Last Buyer's Agent

YOUNG HOON CHO

NOT A VALID MEMBER License #392582

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 50x220x50x222
  • Lake Front
  • Level Lot

Parking

  • Driveway

Home Design

  • Cottage
  • Fixer Upper
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 717 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Lake Views
  • Crawl Space

Kitchen

  • Electric Range
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Lake On Lot
  • Enclosed patio or porch

Schools

  • Friendship Elementary School
  • C.W. Davis Middle School
  • Flowery Branch High School

Utilities

  • 110 Volts
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 07354 003011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,686

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Fixer Upper
  • Year Built: 1961
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Appliances: Electric Range
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 717.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Block, Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Enclosed
  • View: Lake

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Electricity Available, Water Available
  • Electric: 110 Volts

Schools

  • Elementary School: Friendship
  • Middle School: C.W. Davis
  • High School: Flowery Branch

Lot Info

  • Acres: 0.2600
  • Deed Book: 7388
  • Deed Page: 94
  • Lot Features: Lake On Lot, Level
  • Lot Dimensions: 50x220x50x222
  • Parcel Number: 07354 003011
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2686.00
  • Assessor Parcel Number: 07-00354-03-011
  • Close Date: 2020-12-10
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Friendship
  • High School: Flowery Branch
  • Middle School: C.W. Davis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
William Oliver Properties Llc
Bought by
Thigpen James and Thigpen Kerry
Total Days on Market
8
Current Estimated Value
$573,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$486,414
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$86,724

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 17, 2022
Sold by
Inex Grp Inc
Bought by
William Oliver Properties Llc
Seller's Agent
David Chong
Metro Realty and Investments, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$599,000
Sold Price
$450,000
Premium/Discount to List
-$149,000
-24.87%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$337,500
Interest Rate
6.95%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
Nov 15, 2020
Closed on
Dec 10, 2020
Sold by
Brackett Deborah
Bought by
Inex Group Inc
Seller's Agent
Lori Cable
Chateau Elan Realty
Buyer's Agent
YOUNG HOON CHO
NOT A VALID MEMBER
List Price
$398,800
Sold Price
$380,000
Premium/Discount to List
-$18,800
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Gilbert Betty Jean
Bought by
Brackett Deborah

Purchase Details

Closed on
Jun 4, 2014
Bought by
Gilbert Betty Jean
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $450,000 --
Warranty Deed $380,000 --
Warranty Deed -- --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $730,601 Mortgage Modification
Previous Owner $337,500 Mortgage Modification
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $450,000 -24.9% $628 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $599,000 +57.6% $835 / Sq Ft
12/10/2020 12/10/20 Sold $380,000 -4.7% $530 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/15/2020 11/15/20 For Sale $398,800 -- $556 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,280 $170,440 $105,160 $65,280
2023 $4,539 $173,560 $105,160 $68,400
2022 $3,618 $137,760 $104,800 $32,960
2021 $3,584 $133,880 $104,800 $29,080
2020 $3,607 $130,840 $104,800 $26,040
2019 $2,686 $95,858 $75,018 $20,840
2018 $2,668 $92,098 $75,018 $17,080
2017 $2,563 $89,338 $75,018 $14,320
2016 $2,502 $89,338 $75,018 $14,320
2015 $1,337 $89,338 $75,018 $14,320
2014 $1,337 $111,200 $96,160 $15,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6809111

First Multiple Listing Service (FMLS)

APN: 07-00354-03-011